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QUESTION 17 Smiley Industrial Goods has bonds on the market making amal percent. What must the coupon rate be on these bonds ? payments, with

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QUESTION 17 Smiley Industrial Goods has bonds on the market making amal percent. What must the coupon rate be on these bonds ? payments, with 12 years to maturity, and selling for 109 Altis price, he was A. 6.90 percent B. 7.50 percent C. 6.92 percent D.7.40 percent E. 7.83 percent QUESTION 18

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